14th July 2015
Roger Hannah
These brief details outline a recent case study whereby we were instructed to identify Capital Allowances on behalf of a small Industrial Park.
- Date of Property Purchase: 27th August 2009
- Purchase Price: £1,195,000
- Location: North West
- Capital Allowances Pool Identified: £258,268
- Rate of Tax paid: 20%
- Total Tax Saving: c. £51,653
As shown above, our client received a total tax saving of £51,653 as a result of a claim for Capital Allowances on the initial purchase price of the property.
To understand if you or your client’s are eligible for this technical and specialist tax relief, please contact our Capital Allowances team today for free consultation.